80A - JOINT - AMEND NSP - Laserfiche WebLink

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REQUEST FOR COUNCIL/ HOUSING AUTHORITY ACTION MEETING DATE: SEPTEMBER 16, 2013 TITLE: SUBSTANTIAL AMENDMENTS TO NEIGHBORHOOD STABILIZATION PROGRAMS 2 8r 3 AND LOAN AGREEMENT WITH 815 N HARBOR, LP CITY MANAGER EXECU IVE DI CTOR RECOMMENDED ACTION CITY COUNCIL ACTION CLERK OF COUNCIL USE ONLY: APPROVED ? As Recommended ? As Amended ? Ordinance on 1 st Reading ? Ordinance on 2nd Reading ? Implementing Resolution ? Set Public Hearing For CONTINUED TO FILE NUMBER 1. Approve a substantial amendment to the Neighborhood Stabilization Program 2 application to add redevelopment activity and allow incomes up to 60 percent Area Median Income, and authorize its submittal to the U.S. Department of Housing and Urban Development. 2. Approve a substantial amendment to the 2013-14 Annual Action Plan revising the Neighborhood Stabilization Program 3 to add redevelopment activity, and authorize its submittal to the U.S. Department of Housing and Urban Development. 3. Authorize the Interim City Manager and the Clerk of the Council to execute a loan agreement with 815 N Harbor, LP in the amount of $2,000,000 subject to non-substantive changes approved by the Interim Executive Director of Community Development and City Attorney. HOUSING AUTHORITY ACTION Authorize the Executive Director of the Housing Authority or designee, contingent upon approval by the U.S. Department of Housing and Urban Development, to complete and execute the Project- Based Vouchers (PBV) Agreement to Enter into Housing Assistance Payments Contract and, after construction of the 815 N. Harbor project, to complete and execute the PBV Housing Assistance Payment Contract between the Housing Authority of the City of Santa Ana and 815 N Harbor, LP for up to eight PBV's, and other necessary documents, for the implementation of project-based vouchers of the 815 N. Harbor project. 80A-1